Babcock has been behind the Red Wings' bench the past 10 seasons. The team won the Stanley Cup under his leadership in 2008 and returned to the finals in 2009. He also won two consecutive gold medals with the Canadian Olympic team in 2010 and 2014.

Several NHL teams currently are without a head coach including the Toronto Maple Leafs, San Jose Sharks, Philadelphia Flyers, Edmonton Oilers and Buffalo Sabres.

Whether he signs with Detroit or another team, Babcock is expected to become the highest paid coach in NHL history.

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